The company currently anticipates that the acquisition will close in the second half of 2024.

In addition, FOXO secured a commitment for up to $2.5 million in financing.

In 2022, Intact invested a total of $1 million in ten climate adaptation projects in communities across Canada.

34 years of insurance history.

Homesite isn't Lemonade's only carrier partner.

Microsoft is shifting its focus on GPTs to Commercial and Enterprise scenarios.

This ends a months-long legal battle between Musk and the company he co-founded in 2015 but left due to disagreements over control.

Inver Re was founded in 2021 as part of The Ardonagh Group.

The company is also implementing a new policy administration system, with all core commercial product lines expected to be fully enabled by the end of 2025.

Terms of the investment were not disclosed.

Founded in 2022 as Co:Helm, the company helps with healthcare administration.

This move isn't new.

The loss of the FSR could affect policyholders, especially those with mortgages requiring homeowners insurance from a highly rated insurer.

The AI models will allow Zurich to make an immediate underwriting decision on applications with mental health disclosures.